Yuan Heads Toward Six-Year Low as Capital Outflows Spur Weakness
- China’s exports shrank 7.3 percent in October, data show
- Foreign-exchange reserves declined by the most since January
Chinese one-hundred yuan banknotes are arranged for a photograph.
Photographer: Tomohiro Ohsumi/BloombergThis article is for subscribers only.
The yuan traded near its lowest level in six years as the government struggles to plug loopholes in capital controls.
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